Olsen Chain Salary

Olsen Chain Salary

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As of May 2026, the average annual salary for employees at Olsen Chain in the United States is $104,024. This translates to an approximate hourly wage of $50. Salaries at Olsen Chain typically range from $91,626 to $117,427 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Olsen Chain

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Is Olsen Chain’s Pay Competitive? Salary Benchmarking Analysis

How does Olsen Chain's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Savage Communications Inc $90,892
-12.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Cable Assembly LLC $92,538
-11.0%
Typical compensation structure for smaller regional agencies like Cable Assembly LLC.
Cable Connection & Supply Co Inc $95,459
-8.2%
Cable Connection & Supply Co Inc likely leverages performance bonuses over the high base salary shown here.
Nttc $88,645
-14.8%
Normalized for lower cost-of-living zones where Nttc primarily operates.
Telecom Industry $127,537
+22.6%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Olsen Chain's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Olsen Chain. Click a company name to learn more.

Employee Reviews: Working at Olsen Chain

Considering a career at Olsen Chain? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The telecom projects are innovative, and the team is highly skilled, making every day a learning opportunity. Leadership is accessible and values employee input. It’s a decent place to work if you value consistency in the telecom field. Telecom industry leader.
Commented in March 27, 2025
21
2
The company invests in its employees through training and development. I appreciate the emphasis on innovation and teamwork. The company offers competitive salaries, excellent benefits, and a collaborative environment. The work environment is positive, with a focus on teamwork and innovation. Work-life balance is respected.
Commented in December 18, 2024
48
1
The telecom industry evolves fast, and this company stays ahead. Leadership is open to feedback, making improvements continuous. Compensation is fair for the role. A reliable employer with standard telecom industry perks. Training opportunities are available, though not as frequent as some might prefer. Career growth is steady, though not super rapid, allows me to grow. Employee wellness programs ...
Commented in June 14, 2024
49
0
The telecom sector is challenging, but the team environment makes it enjoyable. The company offers a balanced work experience in the telecom sector. Policies are fair, and the work environment is comfortable. While the pace isn’t overly fast, the environment is stable and low-stress.
Commented in May 13, 2024
36
1
The company offers excellent training programs, especially for emerging telecom technologies. The compensation is fair, and there are regular performance reviews with opportunities for raises. While the perks aren’t extravagant, the basics are covered well.
Commented in February 09, 2024
17
0

Olsen Chain Overview

Website
www.olsenchain.com
Founded In
1950
Employees
25 - 50 employees
Industry
Telecom
Headquarter Address
7225 Washington Ave S Edina Minnesota MN 55439
Revenue
$10 Million - $50 Million
Phone Number
+1 9529447678
Social Media
About Olsen Chain
Olsen Chain & Cable offers a fully-qualified, in-house repair department for most brands of hoists, tools, and hydraulic pump and rams. Our expert, full-time repair technicians are always ready to assist you with your safety and maintenance programs. Our large inventory of parts means your equipment is ready quickly. We offer proof testing capabilities to over 1,000,000 pounds inspections, testing

What Benefits Does Olsen Chain Offer Beyond Salary?

A competitive compensation package is more than just a salary. Olsen Chain offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Olsen Chain.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Olsen Chain, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Olsen Chain salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Olsen Chain

1. What is the average salary for employees at Olsen Chain?

The average annual total compensation for employees at Olsen Chain is approximately $104,024. However, this is an aggregate figure, actual salaries can range significantly, typically from $91,626 to $117,427, depending on factors like job role, experience, and location.

2. How much does Olsen Chain pay compared to Savage Communications Inc?

The average annual salary at Olsen Chain is $104,024, or an hourly wage of $50, in comparison to Savage Communications Inc which pays $90,892 per year or $44 per hour.

3. What is the lowest salary at Olsen Chain?

The lowest-paying job at Olsen Chain is a Service Technician with a salary of $55,620 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Olsen Chain?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Olsen Chain for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Olsen Chain offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Olsen Chain, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Olsen Chain?

Most companies, likely including Olsen Chain, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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